Bromine (Br2) is a reddish brown liquid that gives off dark red, highly corrosive fumes having a sharp, penetrating odor. It is indispensable raw material for inorganic pharmaceuticals, photosensitive materials, dyes and medicine. It is also the base ingredient used in the manufacturing of hydrobromic acid (HBr) which is further utilized as a raw material for organic intermediates and medicines including lithium bromide and terephthalic acid. It is obtained from seawater, natural brines, or as the by -product brines of potash recovery.
This report contains market size and forecasts of Bromine in global, including the following market information:
Global Bromine Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Bromine Market Sales, 2017-2022, 2023-2028, (Kiloton)
Global top five Bromine companies in 2021 (%)
The global Bromine market was valued at 2028.8 million in 2021 and is projected to reach US$ 2522.1 million by 2028, at a CAGR of 3.2% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Dead Sea Brine Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Bromine include ICL, Albemarle, Lanxess, Jordan Bromine Company (JBC), Tosoh, Solaris Chemtech (SCIL), Perekop Bromine, Yuyuan Group and Haiwang Chemical, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Bromine manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Bromine Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Kiloton)
Global Bromine Market Segment Percentages, by Type, 2021 (%)
Dead Sea Brine
Brine Wells
Others
Global Bromine Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Kiloton)
Global Bromine Market Segment Percentages, by Application, 2021 (%)
Flame Retardants
Biocides
Drilling Fluids
Chemical Intermediate
Water Treatment
Others
Global Bromine Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Kiloton)
Global Bromine Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Bromine revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Bromine revenues share in global market, 2021 (%)
Key companies Bromine sales in global market, 2017-2022 (Estimated), (Kiloton)
Key companies Bromine sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
ICL
Albemarle
Lanxess
Jordan Bromine Company (JBC)
Tosoh
Solaris Chemtech (SCIL)
Perekop Bromine
Yuyuan Group
Haiwang Chemical
Dadi Salt Chemical Group
Chengyuan Salt Chemical
Lubei Chemical
Runke Chemical